481(a) Adjustment Calculator
The KBKG 481(a) Adjustment Software for Cost Segregation, depreciation & repair deduction minimizes the time needed to properly document and calculate IRC §481(a) adjustments required for IRS Form 3115, Change in Accounting Method. These adjustments are typically necessary when a Cost Segregation study is performed on a building acquired or improved in a prior tax year and reclassifies costs to different depreciable lives or to expense categories under the new Tangible Property Regulations.
What is a 481(a) Adjustment?
Features of KBKG’s 481(a) Adjustment Software:
· $1,499 for annual subscription
Subscriptions are online, on-demand access including:
Meet the Experts
KBKG experts have years of experience and are published authors and national speakers on tax issues.
KBKG’s complimentary online cost segregation tax savings calculator provides instant, estimated tax projections and is easy to use. Just enter the building details and instantly receive a summary detailing the additional depreciation deductions each year generated by a cost segregation study.
“KBKG’s free Cost …
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The IRS recently issued Revenue Procedure 2015-56 providing a safe harbor for certain taxpayers operating retail or restaurant establishments for determining whether expenditures incurred to “remodel” or “refresh” their property can be expensed under the Tangible Property Regulations released in 2013. Generally, the safe harbor benefits those enhancing the physical …
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